plan is to hold on to my half a coin i paid 2gs for, the rest of of my life. what happens, happens. forgot i even had it till a few weeks ago when all the hype started again.
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Who had that Bitcoin target price prediction?
- Thread starter Subway
- Start date
Yeah for me the end goal is to be able to afford some kind of property in the bay area. I'm still under 30, so I've got time to work at it. I just look at it as any profit I make saves me the time of working away to make that $ at my day job.
Also, the robinhood phenomenon is crazy to me. However it does make for good entertainment browsing wallstbets
I saw a realtor ad saying they accept BTC. Imagine transferring 30 coins for a house. Wild chit.
Looking at the charts, outside of the 4 month Bollinger bands I see...
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I'd say short BTC and it's bound to crash, but 2020 was a time warp black hole so who knows.
I wouldn't be surprised if it crashed to $10K or if it jumped to $50K.
I wouldn't be surprised if it crashed to $10K or if it jumped to $50K.
since consumer investing is basically a gambling hustle, do what all successful gamblers do.
when ever you are ahead and your investment hits a new high, cash out and take half off the table as your winnings. Letting things ride unless its cash is a course to heartbreak.
There's no way without the resources you are going to get ahead of a crash. No one with out heavy machine resources and a quant army can get the exact timing to pull out just right as to not get caught in the whirlpool. That's what happened in 2008 people got focused on the prize and not the future only a couple could see beyond the sparkling winning.
Robinhood created this mess and it will create it's downfall by bring in an army of amateurs to pump up the market with get rich dreams. Worse than the daytraders of the past.
when ever you are ahead and your investment hits a new high, cash out and take half off the table as your winnings. Letting things ride unless its cash is a course to heartbreak.
There's no way without the resources you are going to get ahead of a crash. No one with out heavy machine resources and a quant army can get the exact timing to pull out just right as to not get caught in the whirlpool. That's what happened in 2008 people got focused on the prize and not the future only a couple could see beyond the sparkling winning.
Robinhood created this mess and it will create it's downfall by bring in an army of amateurs to pump up the market with get rich dreams. Worse than the daytraders of the past.
Isn't Bitcoin an NSA counter-finance operation? It's an alt currency invented by "Satoshi Nakamoto" that achieves none of its stated goals and has a public ledger that records every transaction. A friend of a friend tried to create an exchange that anonymized Bitcoin and the Feds went after him quickly. He had to spend a lot of money on attorneys to avoid prison.
It's Deep State cucked to the max. Send me and Doof all your BTC.
There is an a coin that has a privacy function liked that called Monero. Its currently one of the top used coins on the darkweb and is getting delisted off some of the exchanges
I won $20,000 online in 2016 and was too scared to actually cash in. Taking it in BitCoin was and option. Yes, I'm kicking myself.
It was a Costa Rican based website. I was playing Caribbean Stud, and hit the progressive jackpot, with a straight flush. My whole account froze, while they verified it for 2-3 days. Since I was too scared to cash out, I picked a number ($50,000) that I'd try to get it up to, and then fly down there. I even asked if I could have it sent directly to a local Costa Rican charity (no go). Got it up to $36,000 playing $500 hands of blackjack, then it dwindled. I don't even want to know the math on it would have been if I just cashed out with Bitcoin.
bitcoin fluctuated from like 300 to 900 in 2016. split the difference and say 600. 20k in bitcoin at that time would be 33 bitcoin. 33 bitcoin is currently worth about a million bucks.
Wish I had the means/understanding to have picked up a bunch back then! Sadly I was young(er) and dumb, blowing money at the bar and surf trips.
I remember trying to buy a bunch of bitcoin when it was under 200. It was around 2013 I think and I had gone down the rabbit hole reading about it on reddit. I remember I had to scan my drivers license and send it to the brokerage but I think they wanted me to link my bank account as well or something and I got too sketched out and gave up. One of my nerdier friends went through with it, bought a few but I believe has since lost the key to his digital wallet.